Search found 1827 matches

by HIinvestor
Sat Nov 10, 2018 4:40 am
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 36
Views: 3653

Re: high deductible vs. PPO calculation--high deductible always wins?

We have never used a HDHP. I don’t believe employer would have contributed too HSA. Mostly, we have not had insurance with deductibles and our OOPmax per person and family were lower. Looks like you’ve carefully crunched your numbers and made choices that are working well for you and your family. Ou...
by HIinvestor
Sat Nov 10, 2018 12:31 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 16674

Re: How much money are you leaving your kids after you die?

Dunno, H and his relative inherited over $1mm apiece and it didn’t harm them at all, though they were both in their 60s at the time and had accumulated significant savings.
by HIinvestor
Fri Nov 09, 2018 2:42 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 16674

Re: How much money are you leaving your kids after you die?

Our kids know we have some real estate and that we won’t need them to support us. They also know we are comfortable and happy, able to travel and dine out as we please plus buy what we want, as well as gifting generously to them. They’ve never asked and we’ve never mentioned the precise amount of ou...
by HIinvestor
Fri Nov 09, 2018 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Chase points - what's the point of buying gift cards
Replies: 30
Views: 2818

Re: Chase points - what's the point of buying gift cards

I tend to gift our Chase Sapphire points to D, who used them to buy airplane tickets. This allows her a lot of flexibility and to book at close to last minute without much penalty. For example, she’s purchased one way ticket LAX to HNL for 12,500 points, which we think was a bargain, especially over...
by HIinvestor
Thu Nov 08, 2018 11:37 pm
Forum: Personal Investments
Topic: Reverse Mortgage
Replies: 17
Views: 2096

Re: Reverse Mortgage

It is good to consider other options as well—outright sale of the residence, perhaps with the ability to rent it back? Does a family member want to buy it for FMV, maybe on installment and rent it back? Other assets to consider tapping? If seriously considering this, read the fine print on when the ...
by HIinvestor
Thu Nov 08, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2954

Re: Snowbirding in HI

I live in HI. Honestly, if it were me contemplating something similar, I’d print out the info provided in this thread and entire context of the relevant cited provisions and run it past my CPA. I never like expensive surprises that can be minimized with proper planning.
by HIinvestor
Thu Nov 08, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 10236

Re: Long-term Care Insurance

Are they still selling LTCi policies with no cap? Last I heard, they were NO longer issuing policies with no caps and having very high premium rate increases on many outstanding policies. Back when H was a fed employee over a decade ago, all the policies he was sent to look over to potentially buy h...
by HIinvestor
Wed Nov 07, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Anyone here retire in two homes
Replies: 24
Views: 3586

Re: Anyone here retire in two homes

We have acquaintances who have done/are doing this. It is something that makes them happy while they’re doing it until it doesn’t and they settle on one place. To us, it’s too much work and we rather just nest and travel and stay where we want. Ymmv.
by HIinvestor
Wed Nov 07, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pricing a car sale to a friend
Replies: 7
Views: 609

Re: Pricing a car sale to a friend

You can look at Craigslist in your area for what comparable cars are selling for and give a discount for saving you the hassle of dealing with random potential buyers. I’d say $1000-$1500 or so sounds good. Ymmv.
by HIinvestor
Wed Nov 07, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 127
Views: 15125

Re: How much money did you receive from family? (Gifts/inheritance)

My parents gave me and each of my sibs some shares in a family corp that has been making distributions over the past decade or so. Initially, the distributions were modest but they have now become fairly large (more than annual gift amount). These funds were especially appreciated when our budget wa...
by HIinvestor
Tue Nov 06, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Need ideas for unusual gifts for preteen boy
Replies: 27
Views: 1877

Re: Need ideas for unusual gifts for preteen boy

Minecraft is a fun thing for preteens they teens and helps build computer design skills, I’ve been told.
by HIinvestor
Tue Nov 06, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 122953

Re: High Earners - What's Your Profession?

H worked at the fed govt for 40 years before he finally broke $100K/year. His job changed often but his last decade or more was in telephones. Me, I’ve never earned that much in a year. Our S was grossing more income than $100k in his part time online sales job. His engineering job gave him benefits...
by HIinvestor
Tue Nov 06, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching kids there is an ample amount of money
Replies: 108
Views: 9031

Re: Teaching kids there is an ample amount of money

Our kids know they were able to attend the private U they wanted to and both graduated with no debt. Many had friends who graduated with debt and S had friends who attended on ROTC scholarships and owed service to our country. We have reassured them that we will not need their financial assistance t...
by HIinvestor
Tue Nov 06, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 16674

Re: How much money are you leaving your kids after you die?

We have already paid for both kids to get college degrees at an excellent private U that both chose. We also have gifted both of them generously—significant funds for S’s online business, boosting his 401k and his Backdoor Roth IRA. We have paid all D’s expenses so far in her life, including room an...
by HIinvestor
Mon Nov 05, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 7376

Re: Do I need more than Original Medicare?

Keep in mind that there is NO cap on out of pocket expenses with Medicare A or B. I personally like having a cap I can plan for so I can save for it and not have extra worries when I or a loved one is having s health crisis. Also, for some coverages, If you don’t get them when you first qualify (eg ...
by HIinvestor
Sun Nov 04, 2018 4:00 am
Forum: Personal Consumer Issues
Topic: Is it wise to give out credit card and driver's license in this situation?
Replies: 14
Views: 1608

Re: Is it wise to give out credit card and driver's license in this situation?

OP, it’s good that you have resolved the situation. Best if luck going forward as “emergencies” where your money is requested can be tricky.
by HIinvestor
Sat Nov 03, 2018 12:02 pm
Forum: Personal Investments
Topic: When to redeem EE savings bond?
Replies: 7
Views: 1049

Re: When to redeem EE savings bond?

Agree, you might as well redeem once they reach maximum value, as you won’t get anything extra for keeping them any longer. This reminds me I should look to see whether I have bonds maturing as I got some in the 1980s.

If you have the physical bonds, can redeem them at local financial institutions.
by HIinvestor
Sat Oct 27, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Just Moved. Furnishing Apartment. Beanbag recommendations
Replies: 19
Views: 1807

Re: Just Moved. Furnishing Apartment. Beanbag recommendations

If you really want a beanbag, there are some upscale ones these days at the malls. In fact, Portland Maine has a store devoted to them. They’re filled fuller than the “old days” so they will provide more support. The fabric is said to be higher quality as well. Our local hardware store gas the tradi...
by HIinvestor
Sat Oct 27, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 5397

Re: What Memberships/Subscriptions Are Most Valuable To You?

National parks—H has lifetime Golden Age pass $10 (he has 3-4 of them) Public library card—allows access to materials statewide Amazon Prime (shipping to HI is otherwise VERY costly) Costco—buy clothing, edibles, my bed, printers and many different items there; sadly Costco gas station is further aw...
by HIinvestor
Fri Oct 26, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268528

Re: What Movie Have You Recently Watched?

Saw Won’t you be my Neighbor—Mr Roger’s Documentary—very good (even though neither I nor H nor kids enjoyed his tv show.
Crooked House — interesting Agatha Christie movie; well- acted and left me surprised (I’m horrible at solving mysteries).
Paddington2 was cute.
by HIinvestor
Thu Oct 25, 2018 3:05 am
Forum: Personal Finance (Not Investing)
Topic: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years
Replies: 70
Views: 8191

Re: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years

My neighbor and his wife both had cancer. Both got all their initial care covered by their HMO policy at Kaiser (including all chemo and radiation). Kaiser also gave them the choice of all travel and treatment expenses including 4-5 months lodging at Sloan Kettering in NU (where their D lives) or UC...
by HIinvestor
Sun Oct 21, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Received strange letter from IRS
Replies: 14
Views: 6292

Re: Received strange letter from IRS

We pay the cpa an annual nominal retainer so we can get tax advice throughout the year and he can deal with odd irs notices. He is quite amused by our trail of correspondence that has been continuing for several months now. The retainer will also cover if we need him to help us if we are ever audite...
by HIinvestor
Sun Oct 21, 2018 9:36 pm
Forum: Personal Consumer Issues
Topic: Dentist "Service Fee" for Filing Insurance Claim?
Replies: 33
Views: 3421

Re: Dentist "Service Fee" for Filing Insurance Claim?

We have never had any of our providers assess a service or any fee for filing paperwork for services we received. I’m not sure such charges are allowed by insurer—I doubt it or the providers would be charging them because it does take staff time and energy to do the paperwork. I’d call Insurer about...
by HIinvestor
Sun Oct 21, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5934

Re: 8 reasons why pensions are [good]

We are very grateful that H worked for the Fed govt for 45 years and retired with a fed pension and lifetime subsidized family medical insurance for him, me, and dependents. It has made our retirement planning much less stressful. He will never qualify for any SS benefits, but mine won’t be very hig...
by HIinvestor
Sat Oct 20, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card claim for rental car collision?
Replies: 36
Views: 3504

Re: Credit card claim for rental car collision?

We had a claim paid our on Chase Sapphire Preferred. It was for SUV rear window broken and items stolen from car. Unfortunately the stolen items were not covered but the window replacement was fully reimbursed. We just had to file paperwork and a few phone calls. It was pretty straight-forward. Was ...
by HIinvestor
Sat Oct 20, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Received strange letter from IRS
Replies: 14
Views: 6292

Re: Received strange letter from IRS

Yeah, I and our CPA have been receiving several strange letters from IRS. 1st irs letter: overdue on taxes due 4/15 + interest + penalty Cpa response: see attached proof of payment of taxes prior to 4/15 including irs.gov receipt & bank statement showing debit from client acct and credit to irs acct...
by HIinvestor
Sat Oct 20, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6864

Re: Pull kids from school for vacations?

Agree that if a child is struggling socially and/or academically, there are additional issues weighing against missing school.
by HIinvestor
Sat Oct 20, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6864

Re: Pull kids from school for vacations?

We did it when the kids were younger but stopped after one trip when the elder was in 5th grade & we were going to SW national parks where S had a 2” stack of work (which he completed on the airplane) and ended up ahead of his class for two months after returning. Soon thereafter, our kids were diag...
by HIinvestor
Fri Oct 19, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Kids & Money
Replies: 5
Views: 953

Re: Kids & Money

I agree kids learn what they live. We always lived below our means and they do too. We always researched prices for larger purchases and they do as well. We rarely did impulse shopping and they don’t. One thing that was pretty easy and effective was to give each of them say $1/day of our vacations t...
by HIinvestor
Tue Oct 16, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Travel insurance from chase sapphire card
Replies: 6
Views: 844

Re: Travel insurance from chase sapphire card

I did put in a trip delay claim on Chase sapphire preferred. Had to file a bunch of paperwork and call several times to finally get them to pay. They reimbursed for my unreimbursed meals when our flight was delayed and caused us to have to spend an overnight at SF airport. United only fave us $60 in...
by HIinvestor
Sat Oct 13, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3454

Re: Reducing overall medical costs. Do we do anything?

My H, my kids and I also have chronic medical conditions thru nothing we or any of our many MDs can figure. We are all close to ideal weight, eat well, rarely partake of alcohol, have never dabbled in drugs or tobacco, etc. We do see our internist as directed. We also see our specialists as directed...
by HIinvestor
Fri Oct 12, 2018 5:12 am
Forum: Personal Consumer Issues
Topic: Buying a pre-owned Lexus IS-250
Replies: 29
Views: 2095

Re: Buying a pre-owned Lexus IS-250

We always take any used cars we are seriously considering to our favorite mechanic for his opinion about whether or not to buy the car. We trust his advice and he’s very candid with us. I’d suggest you take you car to a good mechanic for his/her honest evaluation.
by HIinvestor
Fri Oct 12, 2018 4:47 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 39695

Re: free dinner investing seminar

We went to one of these at a very nice hotel in town several years ago (because we like the food at that hotel and don’t dine there often), and brought our skeptical neighbors from across the street. It was a pleasant slideshow and a nice buffet dinner. They even had a lucky number drawing and our n...
by HIinvestor
Fri Oct 12, 2018 3:41 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 10437

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

My H worked until he turned 70. I started a nonprofit at 50 and have been running it ever since. It has been very interesting and personally gratifying. In the years when I needed money (to help pay kids’ college tuitions & fees), I successfully applied for and received grants so we could do a lot o...
by HIinvestor
Wed Oct 10, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 6617

Re: What the heck is growing in my yard?

Duplicate—sorry
by HIinvestor
Wed Oct 10, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 6617

Re: What the heck is growing in my yard?

OP, please post back whatever you learn. It does look very intriguing and is very curious.
by HIinvestor
Wed Oct 10, 2018 7:12 pm
Forum: Personal Investments
Topic: What did you buy today
Replies: 119
Views: 9876

Re: What did you buy today

Bought some stocking stuffers for friends and family and some breakfast. That’s all.
by HIinvestor
Wed Oct 10, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8883

Re: Black Friday is coming.. what's on your list?

If they have an amazing iPhone deal, i might be tempted. We also need a new vehicle or newish used one, if we don’t acquire something before then.
by HIinvestor
Mon Oct 08, 2018 3:24 am
Forum: Personal Finance (Not Investing)
Topic: A strategy to pay off home at retirement?
Replies: 57
Views: 4733

Re: A strategy to pay off home at retirement?

We figured H would retire in 20xx and I calculated how much in extra principal each month we’d have to make so we would finish paying the mortgage before H retired since we expected our income to drop significantly when he retired. Good news is we did manage to make last payment before he retired. T...
by HIinvestor
Sun Oct 07, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can you give "spousal" health insurance to a non-spouse?
Replies: 31
Views: 1712

Re: Can you give "spousal" health insurance to a non-spouse?

One of my friends was successfully able to designate her elderly and ill mom (who was living with her) as the other person covered by her medical insurance policy. I’d check with HR. I’m sure she did it properly—she was a judge at the time and very careful to follow all the refs and rules.
by HIinvestor
Sun Oct 07, 2018 2:43 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14337

Re: What is your annual cost for health insurance?

We pay our portion of family premium, $341/month. H's former employer pays other 75% of the premium as part of H's retirement benefit. The plan has no deductible and out-of-pocket maximum for in-network copays (including Rx) is $3000/person/year. This covers H, me, and our dependent(s). We know we a...
by HIinvestor
Fri Oct 05, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 66
Views: 7289

Re: Best deals to buy iphones

We pay via autopay, $60 for 2 lines unlimited data, no throttling on TMobile 55+. It’s cheaper and better than the plan we were on before where we paid more for 4 lines and less unthrottled data. I have a line with D as 2nd user on it and H has one with S as his 2nd user. I have not purchased a new ...
by HIinvestor
Fri Oct 05, 2018 12:03 am
Forum: Personal Consumer Issues
Topic: Still working after age 65, have employer furnished BC/BS Must I sign up for Medicare?
Replies: 7
Views: 831

Re: Still working after age 65, have employer furnished BC/BS Must I sign up for Medicare?

Agree that for MOST folks who aren’t on HSA plans, signing up for Medicare A can be a good idea—nonpremium and some extra coverage. It’s always a good idea to double check with HR or your insurer. H worked until 70 and only got Medicare A. His BCBS continued to cover until he retired and he got B wi...
by HIinvestor
Thu Oct 04, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13823

Re: What purchase saved you the most money?

The things that have saved us the most money: Staying married to same wonderful spouse who is on same page on spending/saving—priceless Keeping vehicles for many, many years Staying in same “starter home” we bought and not “upgrading/upsizing” Preparing many meals at home Buying quality, low-priced ...
by HIinvestor
Thu Oct 04, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Carry On Luggage Recommendations
Replies: 39
Views: 2996

Re: Carry On Luggage Recommendations

We tend to look at offerings at Macy’s, Ross and Costco. For about a decade, we used Delsey Helium, which was lightweight and durable, purchased on sale at Macy’s. We have since purchased carry on Briggs&Riley at close out prices from Costco for $139. We prefer two-wheeled bags as they have more spa...
by HIinvestor
Thu Oct 04, 2018 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Solar Panel Installation?
Replies: 19
Views: 1716

Re: Solar Panel Installation?

We are empty nesters and bought about what we’re using, which is quite low. We mainly run our computers, fridge. We also gave solar water heater with its own panel. We do notice when our young adults visit, our electricity usage does increase a bit. It seems we bought about the right amount as we ra...
by HIinvestor
Wed Oct 03, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3804

Re: Remember traveler's checks? How to cash a forgotten stash

I’d call my local banks where I have accounts. I’m sure one or more of them would be happy to cash them for me as pat of doing business with me. I’d probably start with the accounts we’ve had longest with the highest balances. That’s one of the reasons we like working with local banks—service. They ...
by HIinvestor
Tue Oct 02, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 6374

Re: Root of Good's cost of raising a child: $3,300 per year

We all weigh options and make choices. As long as we make the choices we deem best given our options, most of us are able to sleep pretty well at night. For us, we chose for me to stay home for a few years caring for our kids. We felt fortunate that was even an option. We did have to make some trade...
by HIinvestor
Tue Oct 02, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 6374

Re: Root of Good's cost of raising a child: $3,300 per year

We spent MUCH more raising our kids. I stopped out of my career to raise them, so while we didn’t pay childcare, I gave up a career that was paying $40k/yr plus benefits in the 1980/90s. Most families I know that didn’t pay childcare ended up making similar compromises. Even when returning to work, ...